Central Bank of Brazil — News Archive

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Real Drops After Central Bank Cuts Interest Rate to Record Low

The Brazilian real dropped against the US dollar today after Brazil’s central bank cut its benchmark Selic rate to a record low yesterday.

Brazilian Real Higher After Interest Rate Cut

The Brazilian real rallied against the US dollar today after the Federal Reserve released a dovish policy statement and Brazil’s central bank cut its key interest rate.

Brazilian Real Gains on US Dollar Despite Monetary Easing

The Brazilian real, like most other currencies, rallied against the US dollar today despite monetary easing from Brazil’s central bank.

Brazilian Real Gains vs. US Dollar During Tuesday’s Trading

The Brazilian real rose against the US dollar today even though experts are expecting that the Central Bank of Brazil is going to cut interest rates in October.

Brazil’s Central Bank Intervenes to Weaken Real

The Brazilian real dropped today after the central bank intervened on currency markets to curb the excessive appreciation of the real.

Brazilian Real Rises for Third Day

The Brazilian real rallied for the third consecutive session today, though the rally caused concerns among traders about potential intervention from the nation’s central bank.

Brazilian Real Gains as Central Bank Suggests No Interest Rate Cuts

The Brazilian real gained against the US dollar today as the nation’s central bank signaled that it is not considering monetary easing as inflation is expected to remain above the bank’s target.

Brazil’s Central Bank Has No Plans for Interest Rate Cuts

Alexandre Tombini, Governor of the Central Bank of Brazil, said that the central bank has no plans to cut interest rates. While the news was positive for the Brazilian real, the currency had troubles rising against the US dollar.

Brazilian Real Falls as Current Account Deficit Widens

The Brazilian real dropped today after data that showed an increase of the current account deficit. Yesterday’s decision of the nation’s central bank to keep monetary policy unchanged was also unsupportive to the currency.

Brazilian Real Drops as Growth Outlook Worsens

The Brazilian real fell today as the worsening outlook for nation’s economic growth made the currency less attractive for market participants.

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